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mark is joining me from new york. thanks for coming inside "the war room," mark. >> thank you for having me. >> jennifer: i know you have on the air a lot because of the tragedy last week. i'm curious about the policy arm of your organization and what can be done on the state level. many states have or are introducing laws to allow more concealed weapons in public schools, for example. what is your organization doing at this point for that. >> going to the states is one of the many paths to victory to this issue. one of the paths was actually shown in michigan -- your own home state. so you have a very republican governor there and the nra was on the path to pass two really bad bills, one would eliminate background checks for concealed weapons, and the second would allow concealed carrying in places like day cares and schoolyards. and in a matter of weeks the nra had both of those initiatives completely reversed. we beat them on the first one, after the connecticut shootings the governor vetoed the bill and he should
mark is joining me from new york. thanks for coming inside "the war room," mark. >> thank you for having me. >> jennifer: i know you have on the air a lot because of the tragedy last week. i'm curious about the policy arm of your organization and what can be done on the state level. many states have or are introducing laws to allow more concealed weapons in public schools, for example. what is your organization doing at this point for that. >> going to the states is...
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suzanne pratt, "n.b.r.," new york. >> susie: our "nbr-u" partners at wharton have new research showing how accounting for government loan guarantees, like the one given to g.m., is impacting uncle sam's bottom line. you can learn more on the web, just head to: www.nbr.com and look for the "nbr-u" tab. >> tom: look for the dirt two fly in coming months. permits to build new homes in the u.s. shot up to more than a four-year high last month as actual home building slowed down a bit. housing srts fell 3%in november from the month before, but it has been a strong recovery, compared to a year ago, housing starts up 21.6%. the building permit, jumping 3.6% in november, up to their highest level since july 2008. martin connor is the chief financial officer, and he joins us tonight from pennsylvania. marty, welcome back to n.b.r. have you been out there increasing your building permit for next year? >> tom, it is great to be with n.b.r. i do think we are increasing our permits. we've seen dramatic creaes ur sal through the first four quarters of our year, all four quarters of our year. they we
suzanne pratt, "n.b.r.," new york. >> susie: our "nbr-u" partners at wharton have new research showing how accounting for government loan guarantees, like the one given to g.m., is impacting uncle sam's bottom line. you can learn more on the web, just head to: www.nbr.com and look for the "nbr-u" tab. >> tom: look for the dirt two fly in coming months. permits to build new homes in the u.s. shot up to more than a four-year high last month as actual home...
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our urban products in the metro new york area have met with great success. and we're pleased to be between washington and boston with approximately 50% of our business because that market continues to be reasonably strog. >> tom: that isg. hot area. >> out on the west coast -- the job markets -- i think texas seems to have its own economy. the job market in texas is pretty strong. i think cifornia has been reasonably strong for us as well. particularly up in the silicon valley area. i think the success of a number of the companies upn there is driving the market. and seattle is another pretty wels well-positioned employment base and we've seen good sales up there. >> tom: from the east cost to the west coast with toll brothers chief financial officer martin connor with us. >> susie: investors are trading on headlines, and the head is all about fiscal cliff. yesterday the dow was up 100 points. today own 100 points all because the headlines weren't looking at0 favorable. >> tom: just very sensitive to any of the rhtoric coming out of washington for the stock
our urban products in the metro new york area have met with great success. and we're pleased to be between washington and boston with approximately 50% of our business because that market continues to be reasonably strog. >> tom: that isg. hot area. >> out on the west coast -- the job markets -- i think texas seems to have its own economy. the job market in texas is pretty strong. i think cifornia has been reasonably strong for us as well. particularly up in the silicon valley area....
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. >> woodruff: you were asked by the "new york times" to name the three senators you felt closest to in the senate it was three republicans that you named. >> yeah. >> woodruff: i was to ask you, there's a lot of conversation right now about what does the republican party need to do after the terrible losses it suffered in the polls this year? >> right. >> woodruff: do you have a thought about that? >> well, they need to come back to where the public is. frankly, they lost touch with that large plurality in the middle of independents. to me one of the most fascinating numbers are the exit polls was that among self-described moderates, president obama got 15% more votes than governor romney. so a lot of people in this country think president obama is center lowest or even far left. but for self-described moderateit became a choice between obama the democrat, and rom neat republican. and 15% more of them thought that romney the republicans too far over-- i'd say to the right side." so i think the republicans have to come back to where the people are, and they can do it with-- they're p
. >> woodruff: you were asked by the "new york times" to name the three senators you felt closest to in the senate it was three republicans that you named. >> yeah. >> woodruff: i was to ask you, there's a lot of conversation right now about what does the republican party need to do after the terrible losses it suffered in the polls this year? >> right. >> woodruff: do you have a thought about that? >> well, they need to come back to where the...
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york work to pick out the gift too. >> we make it far easier than going to the store it find a gift. second we find a lot of time finding product you don't find in retail. >> what you would find in a small boutique but we have thousands and thousands of products. >> your concerns and questions for john, patrick? >> john, congratulations. it used to be giving one gift to one person. is this working? do you see return rates lower than traditional model? >> our return rates are almost zero. it is remarkably low low. >> final question to you. >> john, receiving kmod advertised these days. how do you find the rarite snems. >> that's a big part of what we do. we have a team of brilliant buyers who scour the product that you haven't found anywhere else, that aren't the can kinds of things amazon would typically carry because they aren't in large quantity. >> julia, first to you then. >> i will be spending a lot of money this holiday season but i would say as look at this as an investor, and how much the total new model is going to appeal to consumers who are traditional and how they make pu
york work to pick out the gift too. >> we make it far easier than going to the store it find a gift. second we find a lot of time finding product you don't find in retail. >> what you would find in a small boutique but we have thousands and thousands of products. >> your concerns and questions for john, patrick? >> john, congratulations. it used to be giving one gift to one person. is this working? do you see return rates lower than traditional model? >> our return...
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york, the new york mercantile exchange, let's do electronically and he created this thing, the intercontinental exchange and what is great about this is it is something to be said for the stock exchange remaining independent but they are now part of an american company and an american entrepreneur created $10 billion of wealth, that is what the market cap was before the deal and when you buy something your stock usually goes down a little bit, created $10 billion worth of wealth of market cap in ten years, something to be proud of and buying the stock exchange. not selling for the germans. [talking over each other] >> regulators time it. charlie: regulators in europe, eyes and nasdaq attempt over the stock exchange on antitrust grounds, your company is in one place. i don't think they're going to do that. [talking over each other] tracy: attempting that. charlie: this is a perfect fit, not much overlap. they will sell some stuff, but i think this is a perfect fit. duncan neiderauer had no choice. we should have a chart on trading volumes and this tells the story. since 2008 it has gone downhill
york, the new york mercantile exchange, let's do electronically and he created this thing, the intercontinental exchange and what is great about this is it is something to be said for the stock exchange remaining independent but they are now part of an american company and an american entrepreneur created $10 billion of wealth, that is what the market cap was before the deal and when you buy something your stock usually goes down a little bit, created $10 billion worth of wealth of market cap...
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i'm maria bartiromo on the floor of the new york stock exchange. stocks higher today on wall street as the close settles out. we see some money coming into this market. investors still hoping for a deal in washington to avoid the fiscal cliff. take a look at how we're settling on wall street. as we saw money moving into equities in the last 20 minutes pushing the dow jones industrial average up to 60 points higher at the close at 13,312 on the dow jones industrial average. nasdaq also finishing in the plus column with a gain of six points, and the s&p 500 up about eight points, one-half of 1% at 1433. closing in on the fiscal cliff deadline still with no deal in sight, let's find out how you should be investing in the face of the fiscal cliff fiasco. we want to dig deeper into the nyc/i.c.e. deal as well announced today, that it means for you and the global exchanges. gentlemen, welcome. thanks soechg for joining us. >> thanks. >> thanks for having me. >> let me kick this off with you in terms of the fiscal cliff. give me your strategy, deal or no
i'm maria bartiromo on the floor of the new york stock exchange. stocks higher today on wall street as the close settles out. we see some money coming into this market. investors still hoping for a deal in washington to avoid the fiscal cliff. take a look at how we're settling on wall street. as we saw money moving into equities in the last 20 minutes pushing the dow jones industrial average up to 60 points higher at the close at 13,312 on the dow jones industrial average. nasdaq also finishing...
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and democratic comgre cman eliot mggel of new york, who will become that committee's ranking member in the next term. congressman royce, let me start with you. what's the key thing we learned from this report? where do you see the main failure? >> well, i think the ma ailure when you read the report is in management at senior lels because when you hadau on the ground was not only an ambassador but other personnel warning that al qaeda camps were growing, explaining that they felt that they were at risk personally, asking for support-- which was not forth come ago and coming to the conclusion that washington was not concerned about their security needs. so all of that comes out in the memos. and i think what has to be addressed is why not only was thereparation not there, but somebody forgot to circle ther calendar on 9/11. there was no attempt or no effective way, i guess, desploid should this happen that we could come in with a quick-reaction team and assist them if they come under attack. eight-hour firefight, no assistance through thatperiod. >> eliot engel, do you reod i any differ
and democratic comgre cman eliot mggel of new york, who will become that committee's ranking member in the next term. congressman royce, let me start with you. what's the key thing we learned from this report? where do you see the main failure? >> well, i think the ma ailure when you read the report is in management at senior lels because when you hadau on the ground was not only an ambassador but other personnel warning that al qaeda camps were growing, explaining that they felt that...
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may have a brand new owner, the intercontinental exchange will buy the new york stock exchange for $8.2 billion in cash and stock. the deal announced earlier this morning. shares of new york stock exchange nyse euronext are surging in today's trade. >>> forget snakes on a plane, we're talking potatoes on a plane. yes, these are potatoes, rows and rows of potatoes and they're sitting on a boeing jet. why, you ask? well, let's answer the question how many potatoes. 20,000 pounds to be precise. the airline, this is the why, the airline is using them to test the onboard wi-fi. a what? alison kosik, you're here to explain it all the science. >> how humbling is this that we're just like potatoes, that i could put a sack of potatoes here and be at home watching the potatoes do their thing, right? >> people might like that. >> that's a good one. i'm sure they'll appreciate that. the reason you're seeing these potatoes sitting in these airline seats is because these potatoes actually mimic the way the human body responds to electronic signals. in fact, boeing is going so far to call it an advanc
may have a brand new owner, the intercontinental exchange will buy the new york stock exchange for $8.2 billion in cash and stock. the deal announced earlier this morning. shares of new york stock exchange nyse euronext are surging in today's trade. >>> forget snakes on a plane, we're talking potatoes on a plane. yes, these are potatoes, rows and rows of potatoes and they're sitting on a boeing jet. why, you ask? well, let's answer the question how many potatoes. 20,000 pounds to be...
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she was buried in katona, new york. cardinal timothy dolan will deliver the funeral service. megyn: in about 20 minutes we are going to have a discussion of what could possibly be gleaned from a computer drive that adam lanza's may have attempted to destroy. something could still be recoverable, so we will talk about it and just a bit. also, disturbing details of scammers trying to steal from the families of victims of this horrible tragedy. the family of 6-year-old noah pozner. someone is stealing donations in his name. it takes a special kind of evil for that. a special website was set up saying that cards and money would be sent to his parents. police say unfortunately, this is a common scam when tragedy strikes. make sure you check out any group before you make a donation to make sure gets into the right hands. of course, if cindy cook elementary school, as they figure out how to move forward, listen to this thread reports are out with the formal principle of the school is coming out of retirement to run the school. she had wanted for several years -- she had ran the scho
she was buried in katona, new york. cardinal timothy dolan will deliver the funeral service. megyn: in about 20 minutes we are going to have a discussion of what could possibly be gleaned from a computer drive that adam lanza's may have attempted to destroy. something could still be recoverable, so we will talk about it and just a bit. also, disturbing details of scammers trying to steal from the families of victims of this horrible tragedy. the family of 6-year-old noah pozner. someone is...
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. >> right he in new york. it will be slated. i would not be surprised in three years that new york stock exchange buys nazdaq i'll leave it at that. gerri: oh, boy charlie thank you, appreciate your time and breaking news that is the willis report, thank you for joiningn us. lou: good evening, president obama and time honored phrase could be about on snatch defeat from the jawzs of victory, things not looking so good for the president in negotiations over the fifth most actively traded issue. over the fifth -- fifth call cliff. that seem yesterday to be making progress, demanding that congress raise taxes while threatening to veto a bill that would keep current tax rates in place for 99% of the country, the president further demanding that washington go his way or no way at all, president obama seems to be on his way to perhaps becoming the imperious president. >> i've asked the vice president to lead an effort that includes members of my cabinet and outside organization to come up with ccrete proposals no later than january tha
. >> right he in new york. it will be slated. i would not be surprised in three years that new york stock exchange buys nazdaq i'll leave it at that. gerri: oh, boy charlie thank you, appreciate your time and breaking news that is the willis report, thank you for joiningn us. lou: good evening, president obama and time honored phrase could be about on snatch defeat from the jawzs of victory, things not looking so good for the president in negotiations over the fifth most actively traded...
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a historic day for the new york stock exchange, the ice, going to buy it. dow jones industrials up, pretty much highs of the session. the nasdaq up just 1/4% russell up 14%. ashley: bold sliding to the lowest level in four months dropping a one.3% after a report that the u.s. economy grew more than expected, gold lining stocks into the red, all posting losses and anglo gold hitting a 52 week low. liz: what looks good? financial sector, climbing within 1%, citigroup looking pretty healthy just under 2%, bank of new york mullen, royal bank of scotland hitting 52 week highs today. ashley: natural gas climbing for the third time in four days after reports show u.s. supply falling more than expected, natural gas for january delivery ending the day up 1.3%. liz: that storm over the midwest. you see that thing out side, winnebago, the largest u.s. motor home maker is getting bigger. increasing production to mean growing demand, just reported better than expected results and that is why we slept this thing outside our studio. you don't want to know, it is $350,000
a historic day for the new york stock exchange, the ice, going to buy it. dow jones industrials up, pretty much highs of the session. the nasdaq up just 1/4% russell up 14%. ashley: bold sliding to the lowest level in four months dropping a one.3% after a report that the u.s. economy grew more than expected, gold lining stocks into the red, all posting losses and anglo gold hitting a 52 week low. liz: what looks good? financial sector, climbing within 1%, citigroup looking pretty healthy just...
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. >>> the new york stock exchange has just been sold, what will that mean for the market? >>> the maritime director, maritime director james kwon will still be working for the port. >>> what they are saying about the late artist thomas kinkaid's estate. >>> we will have more on the bay area weather and your commute. stay with us. . >>> good thursday morning, time now 5:44 upper 20s out towards fairfield and concord and we will let you know when the rain comes back into our forecast. >>> here is a quick look at some of the top stories at 5:44 in oakland, a grandmother dies after being hit by a stray bullet. she was shot and killed while walking to a store at 7:00 last night. >>> also in the news, santa clara county sheriff's are searching for a gunman who fired shots at a u.s. marine recruiter in cupertino. the recruiter was driving an unmarked car. the car was hit several times by bullets but the recruiter was not hurt. >>> plan "b" is up for a vote in the house. it will raise taxes on people who will make more than a million dollars a year. however president barack obama
. >>> the new york stock exchange has just been sold, what will that mean for the market? >>> the maritime director, maritime director james kwon will still be working for the port. >>> what they are saying about the late artist thomas kinkaid's estate. >>> we will have more on the bay area weather and your commute. stay with us. . >>> good thursday morning, time now 5:44 upper 20s out towards fairfield and concord and we will let you know when the...
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we start with the new york knicks and the nets. we'll get to d.c. too. so you know, really compromise in there. >> talks to the heartland, people, there. >> all right, guys. the last two times these teams met it was the nail bite we are fans not sure who would be ahead at the final buzz. on wednesday, the latest, knick star anthony returned to the hardwood coming off a sprained left ankle giving the knicks a commanding lead in the second half as house speaker boehner is dominating fiscal talks throwing the plan "b" on the court or the morning after bill. thank you, s.e. for this. >> welcome. >> nice one for this. >> he's calling a house vote on it tonight. >> the president has called on the house again and again to pass a bill to protect 98% of the american people from a tax hike. today we'll do better than that. our bill protects 99.81% of the american people from an increase in taxes. it's permanent tax relief for individuals. >> but even if it works in the house, the dem-controlled senate said they won't call a vote on it. >> until republicans take up
we start with the new york knicks and the nets. we'll get to d.c. too. so you know, really compromise in there. >> talks to the heartland, people, there. >> all right, guys. the last two times these teams met it was the nail bite we are fans not sure who would be ahead at the final buzz. on wednesday, the latest, knick star anthony returned to the hardwood coming off a sprained left ankle giving the knicks a commanding lead in the second half as house speaker boehner is dominating...
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and the new york stock exchange. it's good for almost every party, except for the c me, so i think the cme really has to make a move here. >> mike, let me steer your attention to the market at large. what are you doing today? what do you make of what's happening given we only have a handful of days left before the end of the year, and we're watching washington as we always do? >> yeah. i think -- i think the market had melt a lot better. you know, the market held in pretty well, and the last couple of days i think the acid test, the market has been more subdued around all this political maneuvering. i don't know what you can do. i think you have to hold your breath and wait and hope they are not serious about letting us go over the cliff. you know, bernanke has worked so hard, and you're finally seeing some recovery in the housing market. the best numbers on an annualized basis since november of '09, right, and basically, you know, this gets kind of tossed, and, you know, you have kind of this infliction point with s
and the new york stock exchange. it's good for almost every party, except for the c me, so i think the cme really has to make a move here. >> mike, let me steer your attention to the market at large. what are you doing today? what do you make of what's happening given we only have a handful of days left before the end of the year, and we're watching washington as we always do? >> yeah. i think -- i think the market had melt a lot better. you know, the market held in pretty well, and...
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captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: george osborne is here. he is britain's chancellor of the exchequer. he has been called the austerity chancellor. he continues to lead the increasingly controversial austerity process. in a piece called "god sieve the british economy" in the upcoming "new york times" magazine adam davidson writes "in the past two years the united states has experienced a steep downturn followed by steady though horrendously slow upturn. the british economy, however, is profoundly stuck. the u.k. has been put on negative watch on three largest credit rating agencies. the european union is britain's largest trading partner, europe's economy remains on prepares you footing despite several months of relative calm and there's a growing debate about whether the u.k. should lead the e.u. earlier this month we covered the "economist" magazine read "good-bye europe, look what happened when britain left the e.u. " i'm pleased to have george osborne back on this program and back at this table. >> thank
captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: george osborne is here. he is britain's chancellor of the exchequer. he has been called the austerity chancellor. he continues to lead the increasingly controversial austerity process. in a piece called "god sieve the british economy" in the upcoming "new york times" magazine adam davidson writes "in the past two years the united states has experienced a...
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. >>> today new york giants receiver victor cruz fought back tears while talking about his meeting with the family of jack pinto. he was buried wearing a victor cruz jersey. cruz also gave the family his cleats that he wrote jack's name on. >>> the investigation continues into a motive in the shooting. investigators were back at adam lanza's home. the post reports adam lanza's mother, nancy may have been in the process of committing him to a psychiatric facility. nancy volunteered at sandy hook elementary school and adam believed she cared more about the children than about him. >> as we told you the president created a task force today headed by vice president joe biden to propose new gun laws. we wanted to find out what people think of the call for gun control. ktvu's mike mibach went to a gun store today. what do they think? >> reporter: they like his take on getting more mental health resources. today the president's words were heard loud and clear. >> reporter: this is canyon sports. >> made in america. >> reporter: a gun shot where the line is long and the weapons are stacked. >>
. >>> today new york giants receiver victor cruz fought back tears while talking about his meeting with the family of jack pinto. he was buried wearing a victor cruz jersey. cruz also gave the family his cleats that he wrote jack's name on. >>> the investigation continues into a motive in the shooting. investigators were back at adam lanza's home. the post reports adam lanza's mother, nancy may have been in the process of committing him to a psychiatric facility. nancy...
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he said that he would like to, quote, hijack a hell of a lot of bombs and crash a plane into new york city with us inside firing away as we go down. as you said, it's chilling. it's eerie. when you hear a quote like that you can no longer deny the connection between these rampage shooters and suicide terrorist ands it seems pretty clear if eric harris had been influenced by islamic fundamentalism he would have wanted to be one of those pilots crashing a plane into the world trade center. >> the other question so many people have, professor, and i don't know if there will be an answer is why that school? he did apparently go there for a brief time, but that was years ago and there are reports that his mother was a teacher there were untrue, why target little kids? >> well, one of the things when you do this comparative analysis between suicide terrorists on the one hand and rampage shooters on the other hand is you can start to learn about both groups more accurately, and what i would say is when you see suicide terrorists they often target random, innocent strangers, even children to
he said that he would like to, quote, hijack a hell of a lot of bombs and crash a plane into new york city with us inside firing away as we go down. as you said, it's chilling. it's eerie. when you hear a quote like that you can no longer deny the connection between these rampage shooters and suicide terrorist ands it seems pretty clear if eric harris had been influenced by islamic fundamentalism he would have wanted to be one of those pilots crashing a plane into the world trade center....
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this summer in new york city was a summer of great violence. as you know, you helped to shine the spot light on some of the things that were taking place in new york. the problem now is one that i think can no longer be ignored by the congress. and the newtown tragedy has made a claim that it's no longer possible and should no longer be possible for the second amendment to shield the go government's ability to enablgt sensible gun safety measures. for too long, the second amendment has been used as such a shield. it protects responsible gun ownership, but it cannot protect the ability of people to possess high capacity ammunition clips, assault weapons, that can unleash mayhem on a community, on a school, on a neighborhood in a matter of moments. and i think there is going to be a moment in the early part of the congress, the democratic caucus, under the leadership of nancy pelosi has led to it. and i begin to see cracks in the firewall that has existed with the nra that has been put up. >> the nra is supposed to have their press conference. to
this summer in new york city was a summer of great violence. as you know, you helped to shine the spot light on some of the things that were taking place in new york. the problem now is one that i think can no longer be ignored by the congress. and the newtown tragedy has made a claim that it's no longer possible and should no longer be possible for the second amendment to shield the go government's ability to enablgt sensible gun safety measures. for too long, the second amendment has been...
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. >>> now we turn to congressman charles rangel, a democrat of new york. sir, i put to you the question we started with, the clock is ticking to the new year. here comes the fiscal cliff. so what on earth is the speaker, mr. boehner and his boys, what on earth are they doing wasting time on these gyrations as harry reid referred to them? >> the best i can make out is that he doesn't have the votes to do what he would want to do, and that he's using these legislative procedures in order to test the moderates as opposed to those that prevent him from making any type of decent agreement with the president of the united states, and i'd like to add, and the american people. he has, unfortunately, in his party a group that he's dependent on if he wants to remain speaker that refuse, that refuse to the believe that obama has won the election. they hated had i am from the beginning and the election didn't cause any more delight in where we go from here. and so the best i can make out, he's trying to get enough votes to get enough support to free himself and to ult
. >>> now we turn to congressman charles rangel, a democrat of new york. sir, i put to you the question we started with, the clock is ticking to the new year. here comes the fiscal cliff. so what on earth is the speaker, mr. boehner and his boys, what on earth are they doing wasting time on these gyrations as harry reid referred to them? >> the best i can make out is that he doesn't have the votes to do what he would want to do, and that he's using these legislative procedures in...
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pulls up with a 3- pointer. 31 points, he is averaging 37 points. 100-86 = a new york knicks. the battle of the boroughs. and the stanford women women's basketball team got all it could handle tonight in south carolina. women - #1 stanford at #21 south carolina tara vanderveer and dawn staley hugging before game under 5 minutes left 40-39 stanford alieghsa welch hits the 3- pointer 42-40 south carolina next possession chiney ogumike powers in the layup and is fouled she made the free throw 44-42 stanford under 1 minute 45-45 tie mikaela reuf . with the layup to give stanford the lead for good final: 53-49 stanford >> tim lincecum has a new hair cut. this is really all the we know. meanwhile, thisthis next story is hard to believe a florida 5th grader, standing all of 4-feet-5 inches tall.is starting on the varsity high school team. he is nicknamed " handles"... and he creates these great shots. his father is the head coach. the only issue is that he could burn up his eligibility before it gets to high school. >> that is amazing! >> he is of 4 ft. 5 in.. >> and he is weaving in
pulls up with a 3- pointer. 31 points, he is averaging 37 points. 100-86 = a new york knicks. the battle of the boroughs. and the stanford women women's basketball team got all it could handle tonight in south carolina. women - #1 stanford at #21 south carolina tara vanderveer and dawn staley hugging before game under 5 minutes left 40-39 stanford alieghsa welch hits the 3- pointer 42-40 south carolina next possession chiney ogumike powers in the layup and is fouled she made the free throw...
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the new york stock exchange is being sold to arrival exchange for $8 billion and it is a big story and we will bring you the details throughout the morning. for now, we say good morning to you. thank you for joining us on ktvu channel 2 morning news, thursday december 20th, torii campbell is in for pam cook, your time right now is 6:31. we are tracking breaks news about an apartment fire. let's go to lorraine blanco. how did it happen and how is it affecting the commute? >> reporter: i'm not sure if you can hear me because i can't hear you guys but i can tell you what i know so far. there is a ladder truck on broad street, 119 broad street, it is a three-story apartment building which caught fire this morning and there was some heavy smoke on the second floor when firefighters arrived. it is in the rear of this three- story apartment building. all people were evacuated and they are all okay but a firefighter was injured and it sounds like he suffered from smoke inhalation. he has non-life threatening injuries and we are told there are 20 fire companies out here. they got the fire under
the new york stock exchange is being sold to arrival exchange for $8 billion and it is a big story and we will bring you the details throughout the morning. for now, we say good morning to you. thank you for joining us on ktvu channel 2 morning news, thursday december 20th, torii campbell is in for pam cook, your time right now is 6:31. we are tracking breaks news about an apartment fire. let's go to lorraine blanco. how did it happen and how is it affecting the commute? >> reporter: i'm...
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as a citizen in new york, assault weapons did not drop in new york. they still have their own assault weapons ban. you can have assault weapons in new york as long as they are manufactured before 1994. host: what kind of weapon do you own customer caller: i got rid of misl weapons because it was a money thing. i have the small caliber .22's right now. host: hi, ron. what do you think about the gun laws as a gun owner? caller: i have two weapons and i call them weapons because i served in our military. i have a critter gun to take care of small rodent. i would never consider an ar-15 for that purpose and an extended clip for something like rabbits or groundhogs is laughable. i also own a 12 gauge shotgun. as a person who handles an assault weapon, i can tell you they are designed to maximize killing of human beings. they are not sporting weapons of any kind, and allow people to have them with extended clips is laughable. i expect members of the nra are going to continue to expel this mischaracterization of what these weapons are for. host: frank is fro
as a citizen in new york, assault weapons did not drop in new york. they still have their own assault weapons ban. you can have assault weapons in new york as long as they are manufactured before 1994. host: what kind of weapon do you own customer caller: i got rid of misl weapons because it was a money thing. i have the small caliber .22's right now. host: hi, ron. what do you think about the gun laws as a gun owner? caller: i have two weapons and i call them weapons because i served in our...
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here in new york, here in new york city, the laws are about as strict as they are anywhere in the country. so how do we strike this balance? >> you strike a balance by saying look, anyone has a right to firearms that are reasonably related to self-defense there is a license for that and hunting and sports. but no one has a right to have military-style firearms that are designed to kill large numbers of people as rapidly as possible. common sense says that. and people in rural areas will recognize that too. everybody wants their kids to be safe. >> sure. >> and the fact is they're having more and more of these outrages. you know, as i've said before, we had a maniac attack an elementary school in china last friday, the same day as newtown, but no one was killed. >> that's a talking point that is out there quite a bit. the bottom line is the american people are ready for change. will the congress walk in lockstep with the american people in this? that's the big question. congressman jerrold nadler, great to have you with us tonight. thank you so much. remember to answer tonight's question a
here in new york, here in new york city, the laws are about as strict as they are anywhere in the country. so how do we strike this balance? >> you strike a balance by saying look, anyone has a right to firearms that are reasonably related to self-defense there is a license for that and hunting and sports. but no one has a right to have military-style firearms that are designed to kill large numbers of people as rapidly as possible. common sense says that. and people in rural areas will...
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the speaker pro tempore: the gentleman from new york. mr. rangel: let me thank the gentleman for the service he has given to this congress. some may review our conduct in the house and one of the speakers on the other side said shame on the congress. i just wanted to join with him on that, but i want history to record because they may ask what the heck was rangel was doing down there? what happened? i hope the record is abundantly clear, that this was outlined in a campaign, presidential campaign and the president said that as a result of america getting into wars and not paying for it and as a result of wrongdoing of wall street and a result of a lot of people out of work, we had to a program to pay down the deficit by cutting back programs. it seems as though what has happened here is that the republican party missed something. maybe it was election night. maybe it was a small group of the republican party. but they really didn't believe or don't believe that the president won. and this whole idea of protecting 2% of the population actuall
the speaker pro tempore: the gentleman from new york. mr. rangel: let me thank the gentleman for the service he has given to this congress. some may review our conduct in the house and one of the speakers on the other side said shame on the congress. i just wanted to join with him on that, but i want history to record because they may ask what the heck was rangel was doing down there? what happened? i hope the record is abundantly clear, that this was outlined in a campaign, presidential...
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now at the same time he looked at a new york city janitor who might be working in that building. their average income $33,000 for the same year but with a tax rate of 24.9%. so the janitor who might work in that building is paying a tax rate ten points higher than the people who live in the building who have an average income of over $1.1 million. i don't know how anybody justifies that as a fair sharing of the burden in this country. and warren buffet has been very clear as one of the wealthiest people in the world, certainly one of the wealthiest people in this country that he find it's prosperous that he pace a tax rate a 23r5x of the tax rate paid by his executive assistant. so i would hope that in any final agreement that unearned income would be taxed on a basis more coatly equivalent to what earned income payers pay. now on the spending side of the equation we've had a lack of perspective. you've seen speakers calling for 600 billion in healthcare savings over the next ten years. the president said a lower number f. we take the president's reported to be his most recent nu
now at the same time he looked at a new york city janitor who might be working in that building. their average income $33,000 for the same year but with a tax rate of 24.9%. so the janitor who might work in that building is paying a tax rate ten points higher than the people who live in the building who have an average income of over $1.1 million. i don't know how anybody justifies that as a fair sharing of the burden in this country. and warren buffet has been very clear as one of the...
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it is a new york institution. yes, it is old. an american institution is being bought by another american institution. one of the best things about it, they are not getting rid of the floor. i am a person of lear in human beings. when the power goes down and computers screwup, which, they do all the time, as we all know. aside from that what let's talk about the businesses. the nasdaq will have to respond. how does the cme, how does harry duffy -- talk to terry duffy who runs the cme. what are you going to do comparatively to fight this. this is a big deal. this shakes out the whole space. these are public companies. then, there is a public policy debate. is this a good thing? i am sure that the sec will come out with something. what do they think about this from a market structure. markets are fragmented now. we have a very fragmented market. i, personally, think that this is good for the markets. i think it is very good. it is a good thing. connell: terrific reporting. we will go back to local and a few minutes to get a look at
it is a new york institution. yes, it is old. an american institution is being bought by another american institution. one of the best things about it, they are not getting rid of the floor. i am a person of lear in human beings. when the power goes down and computers screwup, which, they do all the time, as we all know. aside from that what let's talk about the businesses. the nasdaq will have to respond. how does the cme, how does harry duffy -- talk to terry duffy who runs the cme. what are...
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york times" sam sifton, and author of the new ebook, the end of the line, politico senior white house reporter the man usually with the hat glen thrush. today is the biggest delivery day of the year. an estimated 28 million packages. unfortunately, none of those deliveries are expected to be a deal on the fiscal cliff. from president obama or speaker boehner. the two have not spoken since monday. instead this evening republicans will be voting on boehner's plan b, which they have attached as an amendment to a law rejecting trade with burma. that original bill was passed in response to a hard line ber meez government with a history of entransigence. the burm ease has nothing to do -- in an amendment to make ate a hard line party with a history of intransigence. >> the house will pass ledges lakes to make permanent tax relief for nearly every american. 99.81% of the american people. >> even if boehner scrapes together enough votes to pass plan b, senate democrats and the president have vowed to block it, so the whole endeavor is yet another act of outrageous and generally useless politi
york times" sam sifton, and author of the new ebook, the end of the line, politico senior white house reporter the man usually with the hat glen thrush. today is the biggest delivery day of the year. an estimated 28 million packages. unfortunately, none of those deliveries are expected to be a deal on the fiscal cliff. from president obama or speaker boehner. the two have not spoken since monday. instead this evening republicans will be voting on boehner's plan b, which they have attached...
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joining us to discuss the very latest on the fiscal cliff negotiations or non-negotiations, new york congressman steve israel, chairman of the congressional campaign committee. we're waiting on hearing from john boehner, but it appears that nothing is -- that no progress is being made, that we're walking backwards just as time is running out. what is your take from up there? >> i think you're right, unfortunately. you know, chris just said that this is a bit of a gambit by speaker boehner, and he is accurate. the thing is that we need fewer gambits and more governing. the republican -- the house republicans have just refused to govern. it has been cliff after cliff, shutdown after shutdown. it has been politics over improvement. this is just proof of the pudding. the president of the united states has offered compromise after compromise, and every time it looks, andrea, like we are close, the republicans move further away. they are more interested in partisan politics. they're more interested in preserving their careers than they are in preserving the economy for the middle class. if
joining us to discuss the very latest on the fiscal cliff negotiations or non-negotiations, new york congressman steve israel, chairman of the congressional campaign committee. we're waiting on hearing from john boehner, but it appears that nothing is -- that no progress is being made, that we're walking backwards just as time is running out. what is your take from up there? >> i think you're right, unfortunately. you know, chris just said that this is a bit of a gambit by speaker...
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joining us here in new york is rabbi eric yoffe for the union for reformed judaism. thank you for coming inside "the war room." >> happy to be with you. s. >> john: you wrote a deeply powerful piece in "huffington post" and everybody out there atheist and believer alike should read called "gun worship is blasphemy." what was it that prompted you to go with that particular title? >> i believe that gun control is a religious issue. we have turned guns into idols and the worship of idols is blasphemy and the only proper response to blasphemy is moral outrage and moral action. that's what that piece was about. >> john: i want to talk with you about the whole morality of gun culture. a lot of people are struggling with where do you draw the line between wanting to protect your family and giving easy access to weapons designed to kill people to whoever wants them. >> we're not talking about protecting your family. we all support that. all of the major religious traditions support that. we recognize the constitutional issues which allow us to bear arms. the question is do y
joining us here in new york is rabbi eric yoffe for the union for reformed judaism. thank you for coming inside "the war room." >> happy to be with you. s. >> john: you wrote a deeply powerful piece in "huffington post" and everybody out there atheist and believer alike should read called "gun worship is blasphemy." what was it that prompted you to go with that particular title? >> i believe that gun control is a religious issue. we have turned...
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leventhal in new york tonight. the students who survived the shooting there offering scholarships to students who survived the shooting at sandy hook. uconn announced the plan today. the scholarships will go to sandy hook students who chose to attend the university when they are older. school officials also say they will offer the scholarships to siblings of students who died and children of the adult victims. a spokesman says once the foundation officials get a sense of how much money they are collecting the school will then determine whether it can cover full college costs or just a portion. investigators in mexico have now reportedly linked a gun found near the body of a mexican beauty queen to the fast and furious gun sting. that operation, of course, was meant to follow guns from the united states to mexican drug cartels badge dits left two of them to the shootout where brian terry died back in 2010. this latest case has lawmakers asking how a gun that alcohol, tobacco and firearms manager purchased wound up a
leventhal in new york tonight. the students who survived the shooting there offering scholarships to students who survived the shooting at sandy hook. uconn announced the plan today. the scholarships will go to sandy hook students who chose to attend the university when they are older. school officials also say they will offer the scholarships to siblings of students who died and children of the adult victims. a spokesman says once the foundation officials get a sense of how much money they are...
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okay, this is the new york stock exchange being bought out. this is, defining moment in american history. it shows you, i think it is a good thing. capitalism and not like we're selling out to germans. we're selling out to entrepreneur. the new york stock exchange is he will selling to an entrepreneur. jeffrey sprecher, developed this thing 12 years ago and built a $10 billion business. this is a good thing, okay? and, we should, it should be celebrating. i know people will celebrate it, because he is selling to an entrepreneur, an american entrepreneur. lori: we were talking about this earlier, what happens to the floor? does it increase in size anymore from here. open outcry a little bit? >> i talked to sprecher about that. no, i think now we finally come to the conclusion in its state, used to be, three or four 4,000 people down there. melissa: way more. now a tiny fraction but maybe it is the right amount. >> i think we finally come to recognition both from duncan, remember, duncan is not devotetae of floor trading. he came from goldman sa
okay, this is the new york stock exchange being bought out. this is, defining moment in american history. it shows you, i think it is a good thing. capitalism and not like we're selling out to germans. we're selling out to entrepreneur. the new york stock exchange is he will selling to an entrepreneur. jeffrey sprecher, developed this thing 12 years ago and built a $10 billion business. this is a good thing, okay? and, we should, it should be celebrating. i know people will celebrate it,...
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the long island expressway is back open today in this area east of new york city in shirley, new york. a big rig, we now know, somehow smashed into several vehicles at first. that set off the chain reaction. sending cars across several hundred yards of the eastbound lanes. one person died, 33 others hurt. and this detail surfacing, that big rig was hauling debris from superstorm sandy. as you may know, long island communities were hit hard in october. at one point some of the vehicles in the crash caught fire. one burned beyond recognition. police looking into why the tractor-trailer that started this whole thing with the first batch of cars hit those cars. jon? jon: and there wasn't snow or fog or anything like that, just -- >> reporter: you know, i haven't read anything weather related. again, they are looking into what caused that initial crash, but so far there's nothing on the roadway to lead you to say, aha, okay, it was fog dwi. we don't know yet. jon: harris faulkner, thanks. jenna: well, it really reads like a movie script. two inmates escape from a jail, they use bed sheets
the long island expressway is back open today in this area east of new york city in shirley, new york. a big rig, we now know, somehow smashed into several vehicles at first. that set off the chain reaction. sending cars across several hundred yards of the eastbound lanes. one person died, 33 others hurt. and this detail surfacing, that big rig was hauling debris from superstorm sandy. as you may know, long island communities were hit hard in october. at one point some of the vehicles in the...
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that is what "new york times" columnist david brooks says. he has joined a university where he'll teach a class on humility saying it will examine the premise that human beings are blessed with many talented burdened by sinfulness, ignorance and weakness. brooks told the magazine that the course is designed to look at certain philosophical strategies as a guide for life and politics and everything else. >> you know what's sad? we need to teach humility. people don't espouse it. we have to instruct them by sending david brooks to yale to teach yale students how to be humble. >> bill: isn't it sort of a contradiction to be teaching a class on humility? isn't it sort of -- a prideful thing to do to say i'm so humble -- >> i'm so humble i can teach your class on humility? >> bill: i think it shows a lack of humility. we'll see what david brooks does with it. so meredith, first, let's start with the president. i was at the white house when the president announced his task force. >> then we had five questions on the fiscal cliff. >> bill: don't get
that is what "new york times" columnist david brooks says. he has joined a university where he'll teach a class on humility saying it will examine the premise that human beings are blessed with many talented burdened by sinfulness, ignorance and weakness. brooks told the magazine that the course is designed to look at certain philosophical strategies as a guide for life and politics and everything else. >> you know what's sad? we need to teach humility. people don't espouse it....
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the "new york daily news" is reporting he is going to ask to be traded. not exactly a ringing endorsement or anything from rex ryan. i mean wow. >> nothing. can we just acknowledge the craziness here? we're talking about a football team that is 6-8 and is not going to go to the playoffs this year for the second consecutive year but the jets are the story and it's because of tim tebow who is this intensely polarizing player who electrified the country as a member of the denver broncos. >> do you think he's asking to be traded? >> i think that's definitely a possibility. i think mark sanchez, who is the other jets quarterback being passed over here, he could also be gone. there's a lot of turmoil. >> why are they not using tebow? there was this gigantic fan fare when he came in and i don't think in terms of playing he was a star, but certainly in terms of what he could bring for the team he was. why is this not the opportunity? they're losing anyway. >> of course. you'd think a team like the jets, which has always been into doing crazy things would not use
the "new york daily news" is reporting he is going to ask to be traded. not exactly a ringing endorsement or anything from rex ryan. i mean wow. >> nothing. can we just acknowledge the craziness here? we're talking about a football team that is 6-8 and is not going to go to the playoffs this year for the second consecutive year but the jets are the story and it's because of tim tebow who is this intensely polarizing player who electrified the country as a member of the denver...
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new york and detroit and others. australia is an example of a country that did this on a massive scale after they had a horrific killing like what we had just seen. 35 people killed in a sea side resort. they came together within two weeks and signed a national firearms agreement that banned assault weapons and various automatic weapons and coupled that with a compulsory buy back because the feeling was if you were going to ban the weapons, huh to compensate citizens who had already bought those. over the next two year, they bought back 1/5 of the guns in the country and melted them down. >> that's incredible and a lot of us have been talking about taz mania and i have an aussie on my writing teams. she points out that the gun culture in australia is different than here. let's say there laws and you have something like 300 million guns out here. >> isn't that impossible? >> they are not going to do it on their honor. we are suggesting we overpay. >> how much? >> 500 will be okay for the smaller caliber things and i h
new york and detroit and others. australia is an example of a country that did this on a massive scale after they had a horrific killing like what we had just seen. 35 people killed in a sea side resort. they came together within two weeks and signed a national firearms agreement that banned assault weapons and various automatic weapons and coupled that with a compulsory buy back because the feeling was if you were going to ban the weapons, huh to compensate citizens who had already bought...
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i do "the new york post." >> no, you -- >> you saw me looking at the cover of "the new york post" this morning. >> yeah, i did. >> for all the wrong reasons. >> leering at it. do you have a deal with ponch to continually look at -- >> to plug "the new york times" stories you're saying? >> yeah. >> no, i don't. but i thought it was a good story and it is a good paper. >> pinch? >> it's ponch. >> that's the guy on chips. okay, i'm sorry. >> all right, you know, i was looking at a story out of the "usa today" -- >> eric estrada. >> about how the military has all of this video, and the air force is now seeking some help to go through all this video and kind of get a better idea of what they actually have and they're reaching out to espn and other experts in video analysis. >> of what? >> a flood of video footage that's been coming through and they're reaching out to people -- >> from drones and stuff? >> from drones that are flying over. so they have tons and tons of footage but they need to have better ways to analyze all this footage. nobody can figure out what it is and how do you do an
i do "the new york post." >> no, you -- >> you saw me looking at the cover of "the new york post" this morning. >> yeah, i did. >> for all the wrong reasons. >> leering at it. do you have a deal with ponch to continually look at -- >> to plug "the new york times" stories you're saying? >> yeah. >> no, i don't. but i thought it was a good story and it is a good paper. >> pinch? >> it's ponch. >>...
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mary snow, cnn, new york. >> we are all asking why after those deaths in newtown. the search for answers. there's one fact that we can't ignore. these kinds of mass shootings happen in the united states more than anything else in the industrialized world. we'll go next to japan. that is where gun violence is almost nonexistent, but first -- ♪ three cheers for the green and white ♪ ♪ the sandy hook school >> these are students from new york ps 22 chorus singing their song to honor the victims there in newtown. their goal, of course, to bring hope and inspiration to families who have been impacted by the shooting. these are fifth graders from staten island. ♪ we'll go ♪ we'll do our best our very best to learn and grow ♪ it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. (announcer) when subaru owners
mary snow, cnn, new york. >> we are all asking why after those deaths in newtown. the search for answers. there's one fact that we can't ignore. these kinds of mass shootings happen in the united states more than anything else in the industrialized world. we'll go next to japan. that is where gun violence is almost nonexistent, but first -- ♪ three cheers for the green and white ♪ ♪ the sandy hook school >> these are students from new york ps 22 chorus singing their song to...
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new york? >> reporter: well, you know what, this most likely means not a lot for the average investor. you know what? you'll still buy and sell your stock through brokers and you won't notice a change here. this is much bigger news for insiders and word of the new york stock exchange seems to be staying there. >> thank you. >>> 7:11. new details this morning about the mother of the gunman in the quit school shooting. the -- in the connecticut school shooting and the tremendous support for the victims and the community of newtown. >>> edging closer to the fiscal cliff, the vote happening today and the expected result. >>> good thursday morning. starting off very cold. 20s, 30s and 40s. coming up we'll take a look at the forecast temperature in your neighborhood and when major rain returns to the bay area forecast. >>> time now, 7:14. we know more this morning about a report on tuesday about a man with a gun at san jose city college. the information was second- hand. the campus police say a man c
new york? >> reporter: well, you know what, this most likely means not a lot for the average investor. you know what? you'll still buy and sell your stock through brokers and you won't notice a change here. this is much bigger news for insiders and word of the new york stock exchange seems to be staying there. >> thank you. >>> 7:11. new details this morning about the mother of the gunman in the quit school shooting. the -- in the connecticut school shooting and the...
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unless you want new york versus atlanta. that could be -- >> we did that. >> atlanta, the financial capital of the world. not the same ring to it. >> oracle buys a company. yesterday, merkel buys a company. today -- >> angela merkel bought a company? >> play that out. the insurance business. gardner denver perhaps. david -- >> yeah. >> this is deal mania. >> mention arris, trading up again, double the size of the -- what is happening? >> ge this week. >> potentially, the italian enginemaker. >> the fiscal cliff, result supposed to be frozen? aren't we supposed to be paralyzed? >> i guess the clock ran out on everybody saying we can't do anything? >> this is huge for us. >> i don't have a legitimate answer for you. none of these transactions are going to close this year, not a result of let's get something done by year end to avoid capital gains. >> something changed in people's attitudes, david. >> pent up demand for dealmaking that's been there. maybe a reflection that okay, going to get something done and so i feel a littl
unless you want new york versus atlanta. that could be -- >> we did that. >> atlanta, the financial capital of the world. not the same ring to it. >> oracle buys a company. yesterday, merkel buys a company. today -- >> angela merkel bought a company? >> play that out. the insurance business. gardner denver perhaps. david -- >> yeah. >> this is deal mania. >> mention arris, trading up again, double the size of the -- what is happening? >> ge...
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his playing days in new york appear to be over. and we hear he's also looking for a new girlfriend. >> he was on top of the tier. >> just one year ago. >> i know. it's amazing. >> and none of us here are single. >> i know that we'll get to the root of both of those stories. >> that's not a bad thing. >> i know. i'm sorry. apologies to my husband. >> most of us are relatively happy. >> i'm trying to dig myself out of that one. >>> how to get free shipping and delivery by christmas. there's only one person who can make this happen for you. and it's going to be right here on "gma." you want to see this. >> a whole lot coming up. >>> we begin with the incredible survival story. 20-year-old emily anderson, buried by an avalanche while skiing in washington state. but one free hand, quick-acting rescuers and a dog saved her life. neal karlinsky has the story. >> reporter: 20-year-old emily anderson had just finished what she calls one of the best runs of her life, here at crystal mountain, south of seattle. >> it was amazing. >> reporter:
his playing days in new york appear to be over. and we hear he's also looking for a new girlfriend. >> he was on top of the tier. >> just one year ago. >> i know. it's amazing. >> and none of us here are single. >> i know that we'll get to the root of both of those stories. >> that's not a bad thing. >> i know. i'm sorry. apologies to my husband. >> most of us are relatively happy. >> i'm trying to dig myself out of that one. >>>...
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in the 11th congressional district which i represent in new york city, the new york city police department reported 274 victims from 226 incidents involving gun violence. and that was in two neighborhoods in the district that i represent. the majority of these crimes were registered in just two communities. 274 victims from 226 incidents. now, fortunately, not everyone perished in these incidents, but one incident leads to many and the repercussions and trauma to those who witnessed these incidents who dooged a bullet in our community, is immeasurable. we have the authority to focus our efforts on penalties for gun trafficking and unlawful sales of firearms. we have the authority to prevent the retail sale of assault weapons and high capacity magazines or clips designed for military combat use and we have the ability to register handguns and microstamp munitions to trace ownership and origin. we have the authority. we only need to have the courage to act. the newtown tragedy has highlighted a vexing issue that we as americans must address. it is imperative that we set aside our differences
in the 11th congressional district which i represent in new york city, the new york city police department reported 274 victims from 226 incidents involving gun violence. and that was in two neighborhoods in the district that i represent. the majority of these crimes were registered in just two communities. 274 victims from 226 incidents. now, fortunately, not everyone perished in these incidents, but one incident leads to many and the repercussions and trauma to those who witnessed these...
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"early start" is back in 60 seconds. >>> new york, new york. >> good morning. how are you this morning? >> the financial center of the universe. we are minding your business this morning. after two strong days of gains, u.s. markets closed lower yesterday and stock futures are flat again this morning as these fiscal cliff talks in washington seem to be going nowhere. >> aren't you tired of it? 100 million people could see a delay in getting their tax refunds unless congress moves on the fiscal cliff soon. christine has the details. >> the urgency is felt among small business owners, big business owners, payroll software companies, the irs, anybody who has to handle a paycheck or a tax return for next year. look, the tax season starts in just a few weeks and we don't know if there's going to be another amt patch, the alternative minimum tax. this will affect millions and millions of people. what is that amt? this was a tax designed to make sure that wealthier people paid a minimum amount of tax. because of the way congress designed it so poorly, every year it ha
"early start" is back in 60 seconds. >>> new york, new york. >> good morning. how are you this morning? >> the financial center of the universe. we are minding your business this morning. after two strong days of gains, u.s. markets closed lower yesterday and stock futures are flat again this morning as these fiscal cliff talks in washington seem to be going nowhere. >> aren't you tired of it? 100 million people could see a delay in getting their tax refunds...